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The Improbable Hero of Crypto World: A Look at Dogecoin’s (DOGE) Future in the Market

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Dogecoin

From the moment when cryptocurrencies first appeared led by Bitcoin (BTC), there have been many altcoins which wanted a part of the glory. An innumerable amount of them failed and was pushed aside while the lucky few managed to carve their way through the crypto market. However, among those strong and powerful cryptos, there is also one that came to be as a joke but still manages to survive in the harsh crypto-environment.

What is Dogecoin (DOGE)

Dogecoin (DOGE) is one of the many, many cryptocurrencies that came to be since the crypto fever began. It was created back in 2013 by Jackson Palmer, and it has seen its fair share of ups and downs.

The interesting thing about this crypto is that it first came out as a joke, a response to a Doge meme that was popular back then. Even so, it managed to do something that some professionally designed altcoins did not – it survived.

There are multiple reasons why this particular crypto managed to live as long as it has. For example, it is very practical. It can be accessed through micro-wallets and faucets, and transactions are very cheap, especially when compared to other cryptos like Bitcoin. Besides being cheap, transactions are also very fast.

Another thing that makes this crypto popular is the fun atmosphere that surrounds it. It is a good way to enter the crypto world, and very easy and cheap to mine. This is an obvious advantage over other cryptos which require a lot of resources and even entire mining pools for a single coin.

There are many other reasons why this coin is still alive, including popularity in the east, particularly in China, its close proximity to Litecoin and Bitcoin, as well as great stability and distribution. However, one of its biggest advantages includes a pretty big, still alive and interested community.

Dogecoin still has supporters

As mentioned previously, the coin was present on the crypto market since 2013. This has given it five long years to establish its community, and the coin’s fun nature has done just that. There have been speculations whether its popularity owes its success to the fact that the coin is stable and practical, or if its connection to the online culture is to be blamed.

Whatever it is, Doge has done quite well for itself in terms of its supporters and enthusiasts. It still has a large presence on social networks to this day, and that includes Reddit, Twitter, Bitcoin Talk Forum, and GitHub.

Dogecoin’s coin supply is uncapped, and the coin doesn’t have a real limit. Despite the fact that it is one of Litecoin’s forks, it has a few more parameters that are making it different from LTC. One example is also its block time, which is 2 minute for Doge, and 2.5 minutes for Litecoin (LTC).

Thanks to its inflationary nature, however, this coin might not be the best choice for investors, since there is no guarantee for a return on the investment. Another con when it comes to Dogecoin is that it has become somewhat directionless since its creator left the crypto world. No real work has been done on this coin in a while, and even though some see it as a good thing and a perfect opportunity to buy coins before the updates catch up with it, there is still no guarantee that it will ever be updated.

This crypto has a lot of potentials, that much is not being questioned. However, it would need a strong leadership and some serious work in order for it to become great again. If it could manage to secure that, it might recover from the October’s shakedown which damaged it a lot. Not only that, but it might also rise to become one of the most popular currencies on the market.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

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